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Enter Symbol:
 
Astronics Corporation (ATRO) [hlAlert]

Rating:
Neutral ATRO

Astronics Corporation (ATRO) downgraded to Neutral by Boenning & Scattergood

Posted on: Friday,  Jul 31, 2009  8:25 AM ET by Boenning & Scattergood

Boenning & Scattergood rated Neutral Astronics Corporation (NASDAQ: ATRO) on 07/31/2009. Previously Boenning & Scattergood rated Market Outperform
Astronics Corporation (NASDAQ: ATRO) on 08/04/2008., when the stock price was $16.87. Since then, Astronics Corporation has lost 45.06% of its value until Boenning & Scattergood rated ATRO Outperform on 07/31/2009, when the price was $9.27. .

Astronics Corporation is a manufacturer of specialized lighting and electronics for the cockpit, cabin and exteriors of military, commercial transport and private business jet aircraft. A major lighting and electronics supplier to the aircraft industry, its strategy is to expand from a components and subsystems supplier to an aircraft lighting systems integrator, increasing the value and content it provides to various aircraft platforms. Luminescent Systems Inc. is Astronics' primary operating subsidiary which produces its aerospace and defense products.

Our equity research team concentrates on companies that aren’t widely covered in sectors such as water distribution/equipment/technology, financial services, business services, aerospace & defense technology, medical technology and retail.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
5/6/2010 8:25 AM Buy
None
12.72 17.43
as of 12/31/2009
1 Week   
1 Month   
3 Months   
1 YTD up  25.50 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
5/6/2010 8:25 AM Buy
None
12.72 17.43
4/6/2010 11:25 AM Buy
None
9.05 14.11
7/31/2009 8:25 AM Hold
None
9.27
8/4/2008 9:25 AM Buy
None
16.87 24.90
2/15/2008 12:25 PM Buy
None
18.59 23.24
11/28/2007 9:25 AM Hold
None
42.77
11/5/2007 11:25 AM Buy
None
37.99 43.16

(*) Stock Price at the time of the recommendation.
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